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Details 11 March 2021
The FedEx corporation has announced a firm commitment to fully carbon-neutral operations by 2040. To get there, the company is making an initial investment of US$2 billion across three areas: vehicle electrification, sustainable energy, and carbon sequestration.
FedEx has made an additional US$100 million donation to Yale University for the formation of a Yale Centre for Natural Carbon Capture, which will research ways to keep additional carbon dioxide from entering our atmosphere. In the meantime, the centre will also look into carbon offsets, especially for airline emissions, that will help achieve neutrality.
A few ways FedEx hopes to achieve carbon-neutral operations include: